Major Russian fund to ditch dollar, buy euros, yuan, gold

June 6, 2021 by No Comments

AssociatedPress/Vladimir Isachenkov/6-3-2021

photograph of various gold bars

“Finance Minister Anton Siluanov told an economic forum in St. Petersburg that the National Wealth Fund will turn its dollar-denominated assets into euros, yuan and gold.”

USAGOLD  note: Sanctions driven, but gold among the beneficiaries nevertheless……One month from today, Russia’s National Wealth Fund will hold 20% of its assets in gold.

Share

The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.

Original source: https://www.usagold.com/cpmforum/2021/06/major-russian-fund-to-ditch-dollar-buy-euros-yuan-gold/